Data privacy startup Redacto has raised ₹12 crore (approximately $1.4 million) in a seed funding round led by PeerCapital and Antler India, with participation from several angel investors.
The company plans to utilize the capital to enhance its AI infrastructure, expand its product and engineering teams, and accelerate enterprise adoption across key regulated sectors such as banking, fintech, and insurance.
Building AI-Led Privacy Infrastructure
Founded in 2025 by Shashank Karincheti and Amit Kumar, Redacto offers an AI-based data privacy and governance platform designed to help enterprises automate privacy compliance, secure sensitive data, and monitor third-party data usage.
The company is currently partnering with payment firms and NBFCs while in active discussions with banks, fintechs, and insurers gearing up for compliance under the Digital Personal Data Protection (DPDP) Act.
Product Suite and Capabilities
Redacto’s integrated product suite includes:
- Privacy Engine – for automated data discovery and classification.
- ConsentFlow – to manage user permissions and consent records.
- VendorShield – to monitor third-party data risks.
- TrustCentre – for transparency and regulatory reporting.
These tools collectively provide enterprises with a unified dashboard for data mapping, consent management, breach workflows, and regulatory compliance reporting.
Market Position and Vision
By combining AI-driven data insights with privacy-first automation, Redacto aims to simplify compliance for large organizations navigating India’s evolving data protection ecosystem. The company competes with both domestic and international privacy-tech players such as SecurWeave, Privado, TrustCheckr, Scrut Automation, Luciditi, and Seclore.
With India’s DPDP Act driving stricter compliance norms, Redacto is positioning itself as a key enabler of data governance transformation for enterprise clients.
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